UK Start-Up Deliveroo Raises £66m For Overseas Expansion

Michael Moore joined TechWeek Europe in January 2014 as a trainee before graduating to Reporter later that year. He covers a wide range of topics, including but not limited to mobile devices, wearable tech, the Internet of Things, and financial technology.

Strong growth

The investment will now help Deliveroo expand to Hong Kong, Singapore, Melbourne, Sydney and Dubai, meaning that it will be active in 50 cities across 12 countries, working with over 5,000 restaurants worldwide.

The company, which is headquartered in London, was formed by Shu in 2012, and offers deliveries from restaurants such as Rossopomodoro, Gourmet Burger Kitchen, and Ping Pong.

Deliveroo is the latest in a series of UK start-ups to strike it big regarding investment, and its growth helps solidify London as the centre of the nation’s start-up economy.